Iris Energy (Iris Energy) Net Margin % : -12.43% (As of Dec. 2023)

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What is Iris Energy Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Iris Energy's Net Income for the three months ended in Dec. 2023 was $-5.23 Mil. Iris Energy's Revenue for the three months ended in Dec. 2023 was $42.05 Mil. Therefore, Iris Energy's net margin for the quarter that ended in Dec. 2023 was -12.43%.

The historical rank and industry rank for Iris Energy's Net Margin % or its related term are showing as below:

IREN' s Net Margin % Range Over the Past 10 Years
Min: -764.62 Med: -469.33 Max: -12.43
Current: -12.43

IREN's Net Margin % is ranked worse than
78.38% of 777 companies
in the Capital Markets industry
Industry Median: 13.56 vs IREN: -12.43

Iris Energy Net Margin % Historical Data

The historical data trend for Iris Energy's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Iris Energy Net Margin % Chart

Iris Energy Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Net Margin %

-98.53

-764.62

-711.03

-227.62

Iris Energy Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Dec22	Jun23	Dec23
Net Margin %	Get a 7-Day Free Trial							-17.65	143.41	-1,046.56	-	-12.43

Competitive Comparison of Iris Energy's Net Margin %

For the Capital Markets subindustry, Iris Energy's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Iris Energy's Net Margin % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Iris Energy's Net Margin % distribution charts can be found below:

* The bar in red indicates where Iris Energy's Net Margin % falls into.

Iris Energy Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Iris Energy's Net Margin for the fiscal year that ended in Jun. 2023 is calculated as

Net Margin	=	Net Income (A: Jun. 2023 )	/	Revenue (A: Jun. 2023 )
	=	-171.871	/	75.509
	=	-227.62 %

Iris Energy's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	-5.228	/	42.047
	=	-12.43 %

Iris Energy (NAS:IREN) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Iris Energy Net Margin % Related Terms

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Iris Energy (Iris Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Iris Energy Ltd (NAS:IREN) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

44 Market Street, Level 12, Sydney, NSW, AUS, 2000

Website

https://www.irisenergy.co

Iris Energy Ltd is a Bitcoin mining company. It builds, owns, and operates data centers and electrical infrastructure for the mining of Bitcoin powered by renewable energy. The company's mining operations generate revenue by earning Bitcoin through a combination of block rewards and transaction fees from the operation of its specialized computers called Application-specific Integrated Circuits and exchanging these Bitcoin for currencies such as USD or CAD on a daily basis.